© Reuters Bitcoin shows 10% decline as sellers dominate
Investing.com – was trading at $18,607.5 as of 19:21 (18:21 GMT) on the Investing.com Index on Tuesday, down 10.12% on the day. This is the biggest drop since August 19.
This bearish movement caused the capitalization of Bitcoin to drop to $365.3B, or 38.51% of the total market capitalization of cryptocurrencies. At its all-time high, Bitcoin’s capitalization reached $1,275.5B.
Bitcoin has moved in a range extending from $18,607.5 to $20,667.5 over the past 24 hours.
Over the last 7 days, Bitcoin posted a drop of -6.93%. The volume of Bitcoin traded over the past 24 hours reached $89.2B or 56.71% of total trade across all cryptocurrencies. It traded in a range extending from $18,607.4961 to $21,464.7168 over the last 7 days.
At its current price, Bitcoin is evolving 73.03% below its historical high of November 10, 2021 at $68,990.63.
On the side of other crypto-currencies
traded at $1,359.25 on the Investing.com Index, down 14.27% on the day.
was evolving at $1.0001 on the Investing.com Index, an increase of 0.01%.
Ethereum’s total capitalization reached $172.1B or 18.15% of the total cryptocurrency market capitalization, while Tether’s capitalization reached $69.5B or 7.33% of the total cryptocurrency market value .